Portage to be Presenting Partner of Finance Montreal’s 10th Annual Canada Fintech Forum with International Financial Institutions, Fintechs, Government Officials and Regulators

Together, with Finance Montrèal and its Commitment to Grow Quebec’s Financial Services Industry, The Forum Will Host Over 3,000 Attendees

TORONTO, September 25 2023, – Portage, one of the largest fintech-focused investment platforms globally, is proud to be the presenting sponsor of the 10th edition of The Canada Fintech Forum, a Finance Montréal initiative. With $2.5 billion in assets under management, Portage has made over 82 investments since inception across 13 countries. As the Honorary President of The Canada Fintech Forum, Paul Desmarais III, Chairman and CEO of Sagard and Executive Chairman and co-founder of Portage, will chair the opening dinner of the event, gathering over 3,000 attendees from the financial services industry in Montréal, Quebec, from September 25 to 27, 2023. 

“Finance Montréal is proud to host the 10^th edition of the Canada FinTech Forum in Montréal, one of the country’s leading fintech hubs. With a growing range of participants – from financial and insurance institutions to venture capital and private equity as well as start-ups – and the important leaders and innovators which have been featured over the years, the Forum testifies to the effervescence of fintech in Montréal and in Quebec. This event would not be possible without the support of our partners, and Finance Montréal is honored to be able to count on the active involvement of Portage in the Forum for more than 6 years now”, stated Jacques Deforges, General Director of Finance Montréal. 

“Portage has built a global platform investing in what we view to be some of the top fintech leaders across the globe,” said Adam Felesky, co-founder and CEO of Portage. “In Canada, and also in The United States and Europe, our team has developed a deep expertise and strong network that we are excited to use to support new and existing portfolio companies from early-stage to growth.”

Hélène Falchier, Partner at Portage, will join the stage to discuss how embedded insurance is reshaping the insurance industry. Hélène will discuss the biggest emerging opportunities in embedded insurance, and how fintech companies and financial institutions should capitalize on them to expand their market presence and drive growth.

Devon Kirk, Partner at Portage & Co-Head, Portage Capital Solutions, will discuss how to navigate the fintech investment landscape and how current market conditions and trends are impacting fintech investments. Finally, Stephanie Choo, Partner at Portage, will discuss the rise of vertical fintech and how user segment-specific solutions are driving customization in the financial sector.  

Since its founding six years ago, Portage has grown to $2.5 billion in assets under management. Portage targets investments from $2.5 million to $15 million in early-stage fintech companies and $25 million to $45 million for mid to late-stage fintech companies, with a team of 16 professionals based in Canada, the United States, France and the UK. 

About Portage 

Portage is a global investment platform focused on fintech and financial services with US$2.5B under management. Our team partners with ambitious companies across all stages, through Portage Ventures and Portage Capital Solutions. We provide flexible capital and deliver a global network of investors, commercial partners, advisors, and value creation experts. Our dedicated value creation team provides portfolio companies with hands-on support in go-to-market, tech & cyber, business acceleration and M&A, and partnerships to accelerate their paths to success. With deep industry knowledge and entrepreneurial experience, Portage is committed to supporting the leaders who are reshaping financial services. Portage is a platform within Sagard, a multi-strategy alternative asset management firm with over $14.5B under management, operates in the United States, Canada and Europe. For more information, visit www.portageinvest.com.

*Portage’s assets under management represent, as of June 30, 2023 the sum of the net asset value of venture capital funds, including uncalled capital commitments of those funds, and the fair value of assets held in co-investment vehicles managed by Portage and uncalled capital commitments of those co-investment vehicles. 

**Sagard’s assets under management represent, as of March 31, 2022, the sum of the net asset value of private equity, venture capital, private credit and healthcare funds, including uncalled capital commitments of those funds and unused leverage, the gross asset value of the underlying real estate assets of EverWest funds and separate accounts, the fair value of assets held in co-investment vehicles managed by Sagard or any its affiliates and uncalled capital commitments of those co-investment vehicles, the fair value of assets managed by other managers controlled by Sagard, and the fair value of all other assets managed by Sagard that are not otherwise included in the clauses above.

The above referenced definitions are not based on any definition contained in our fund management agreements. Furthermore, our calculation may differ from the manner in which the U.S. Securities and Exchange Commission defines “Regulatory Assets Under Management” on Form ADV and from the similar definitions used by other asset managers.

This document does not constitute or form part of an offer to issue or sell, or of a solicitation of an offer to subscribe or buy, any securities or other financial instruments, nor does it constitute a financial promotion, investment advice or an inducement or incitement to participate in any produce, offering or investment. Any offer to purchase or buy securities or other financial instruments will only be made pursuant to an offering document and the subscription documents, which will be furnished to qualified investors on a confidential basis at their request for their consideration in connection with any such offering.

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